eichermot looks good to buy as per my view. this is my personal view for education purpose. do your own research thank you
Eicher Motors has recently completed Cup & Handle pattern and is all set to reach all the way to INR 4500 in a 9-12 months time horizon from current levels.
----->>this stock is continuously moving upwards... ---->>now this stock is facing the resistance from 4200 level, a fall back is noticed. on bottom side we find a support zone identified at 3700 and also the trendline is pushing the price upside. ------->>keep in long side as long as price is above the trendline and support zone. If price breaks the trendline...
📈 **Market Momentum:** EICHERMOT is currently in the spotlight, exhibiting a compelling rise in both price and volume over the last few sessions. The stock has not only reached a new one-year high but is actively trading with substantial volume, underlining the strength of its market position. The latest tick echoes a robust price surge, further supported by...
Eicher motor elliot wave analysis daily time frame 1,2,3,4or wave complete price down side come wave a,b,c and retracment wave 1 62%
As per my analysis, I am expecting more down side on $NSE:EICHERMOT. Best level to take sell entry will be 3208 with stop loss of 3270 (+62 points risk). My expected downside would be 3096 which is strong support and buying area. Note: This is my personal analysis, only to learn stock market behavior. Thanks.
observations: ---->> A strong gap up is observed, and continue to moving towards resistance. It is near to resistance, where previously strong fall happens. now look at the reaction at these levels to go further upside or downside momentum. careful before going long, above this levels. (3750 level )
Eicher motor reversing from a good support zone. Good to go long in this stock from this point. Keeping the SL just before today's low. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also, let me know in the comment if you have any queries. Disclaimer:- This is my view. Please analyze the charts yourself...
EICHERMOT is trading near Major zone as of now. 4 times it reversed from this level and it is acting as a Major supply zone. So what can be strategy for me... I will see 1 hours & 15 chart and if its creating HH< HL then i will go with positive.....if it break level then it will be massing selling here and can good to with trend. Follow prices action in 1 hour...
As per analysis, best level to take entry on NSE:EICHERMOT is 3340 with stop loss of 3275. My expected up side targets will be 3410 & 3495. This could be low risk and high reward idea. Note: This is my personal analysis, only for learning. Thanks.
There's a formation of Bullish Bat Pattern on the hourly chart of the Eicher Motors, Bat pattern is a five-legged harmonic pattern that provides us with potential reversal zones, from where stock usually witnesses sharp recovery or fall as the case may be. Here 3407-3434 is the PRZ that the pattern provided as we did see the sharp recovery back from there. The...
Leading automotive company ROYAL ENFIELD motorcycles in 2 wheelers Commercial Vehicles in JV with Volvo- Trucks and carriers Company data- www.eicher.in Good market share, nice products, low debt and a forward looking management.
was in a downtrend. has shown sign of reversal in last 2 days